Climate Finance

Multilateral Development Banks Should Work Collaboratively to Help Countries Meet Climate Finance Targets

January 3, 2024

BRIDGETOWN, Barbados – Multilateral Development Banks (MDB) should strengthen their collaboration to find common solutions that help countries meet their climate finance targets. Speaking during the “Innovative approaches to accelerating climate finance flows into the Caribbean” at the 28th Annual United Nations Climate Change Conference (COP28) in Dubai, United Arab Emirates, Caribbean Development Bank (CDB) Vice-President of […]

Rallying Call from Caribbean at COP 27 for Reset of Climate Finance with a Gender Lens Focus

November 13, 2022

November 12, 2022, BRIDGETOWN, Barbados – The Caribbean is sounding a rallying call to the rest of the world to change how it finances climate action, including by taking gender into account when financing climate investments.“Today is remarkable because our region is courageous enough to call for a reset of the development financing agenda to […]

CDB President Urges Regional Governments to Safeguard Access to Climate Financing

December 8, 2021

President of the Caribbean Development Bank (CDB), Dr Gene Leon, is urging regional governments to institute strong accountability and compliance mechanisms to ensure that corruption does not limit access to climate finance from multilateral and private sources in light of the Caribbean’s extreme vulnerability to the effects of climate change. “As is the case with most […]

Republic Group Announces US$200M in Support of Climate Finance Goals

June 10, 2021

June 9, 2021, Port of Spain – The Republic Group has signaled its intention to lend and invest USD$200 million by 2025 to support actions that would help achieve major Climate Finance Goals. These goals will be achieved by activities which include the lending and investment for loans that enable the sale of electric and […]

Grenada Launch of Green Climate Fund Project to Enhance Civil Society’s Access and Readiness for Climate Finance

March 17, 2021

St. George’s, March 12, 2021 – The Department of Economic and Technical Cooperation, Grenada and the Caribbean Natural Resources Institute (CANARI) announced the national launch of the project, “Enhancing Caribbean civil society’s access and readiness for climate finance”, on March 8, 2021. The regional project is funded by a US$1.29 million grant from the Readiness […]

Grenada to Benefit from the Canada-CARICOM Climate Adaptation Fund

June 17, 2020

Canada is committed to remaining a strong partner for Caribbean countries in these uncertain times, and recognizes that the needs in the region are vast. Canada is providing assistance to help Grenada fight climate change through the establishment of the Canada-CARICOM Climate Adaptation Fund. The Canada-CARICOM Climate Adaptation Fund is valued at CAD $20M and will […]

Private Sector Trained to Access “Climate Finance”

February 6, 2018

ST. GEORGE’S, GRENADA, 01/02/18: In recognition of the risks caused by climate change to our planet and to humanity in particular, governments, multi-lateral organizations and even private individuals have established several mechanisms to raise finance to support climate change mitigation and adaptation efforts. These funds are what is generally referred to as “climate finance”. Whilst […]

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